This ADX seems to be heading to a third wave that will be stronger than the other previous two. There may be some retracing in between with a short opportunity between now and christmas. I believe we will keep on an old support and won't go below 400. Then Santa's rally will come and keep up till 2016, then.... who knows, hopefully some sideways calm period, perfect for your january vacations.
Once the trend on the ADX establishes, it rarely reverses in the middle.
Would like to hear your comments.
Once the trend on the ADX establishes, it rarely reverses in the middle.
Would like to hear your comments.
